Narsus Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 09631427

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	14,004		14,004
Debtors	5	4,000		4,000

		18,004		18,004
Creditors: Amounts Falling Due Within One Year	6	(21,009 )		(19,093 )

NET CURRENT ASSETS (LIABILITIES)			(3,005 )		(1,089 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,005 )		(1,089 )

NET LIABILITIES			(3,005 )		(1,089 )

CAPITAL AND RESERVES
Called up share capital	7		304		304
Profit and Loss Account			(3,309 )		(1,393 )

SHAREHOLDERS' FUNDS			(3,005)		(1,089)

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr. Robin Falle

Director

15 December 2025

The notes on page 2 form part of these financial statements.

1. General Information

Narsus Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09631427 . The registered office is 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The accounts have been prepared on a going concern basis as the directors continue to provide financial support when necessary to the company. The directors have also reviewed the position for 12 months from the date the accounts were approved and in their opinion the company will reduce the balance sheet deficiency and will show positive results for the next financial period.

2.3. Stocks and Work in Progress

Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Stocks

	2025	2024
	£	£
Work in progress	14,004	14,004

The WIP is made up of land held for resale. Amanda Churchill (wife of director Nigel Churchill) holds a charge over this land which is registered at Companies House.

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	4,000	4,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	153	144
Other creditors	20,856	18,296
Taxation and social security	-	653

	21,009	19,093

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	304	304